Why I Don't Invest With Freetrade

[@FinancialInterestcom]

When talking about InvestEngine's SIPP at 3:50, I was meant to say £80,000, not £8,000! 😀

[@Ashkhrai]

You know when it says our money is protected up to £85,000. Does it mean our uninvested cash only or also includes all our investments too? Isn’t our investment not affiliated with the broker and directly owned by us? So if freetrade does go bankrupt, the shares are not affected as it is in our names? Thanks

[@Pegaroo_]

Just cash AFAIK but our investments should be ring fenced with a custodian who isn't freetrade if I've understood it properly so those should be safe too if freetrade was to get in financial difficulties

[@davecoly8007]

Been with engine for over a month now and I’m leaving I’d rather pay a fee then deal with my portfolio once a day and can’t buy when I want to. And yes 212 I could go to? Nope I’m banned so unfortunately Freetrade is all I’ve got I wish Covid never happed and robinhood came to the uk :(

[@FinancialInterestcom]

Why did you get banned?

[@sz7011]

The web version has been updated